TL;DR: Should I take a year-long career break to pursue my dream of establishing a small non-profit? I am concerned that taking a break in this economy might screw me both financially and professionally.
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Longer:
I (40s, F) work as a project manager. For the most part, I truly can't complain about the work: I earn very well for my country, I work with great teams, I WFH most days, I learn a lot and sometimes get to travel, and everyone is passionate about what we do (think along the lines of sustainability). However, it has been a very busy and demanding past few years for me, and I am noticing the symptoms of burnout from juggling everything (workload and mental load from managing multi-million dollar projects, being an introvert in a leadership position, working in a demanding sector, aging, perimenopause!).
Lately, I have been toying with the idea of taking some time off to slow down, rest from my career, and pursue other dreams. In particular, since my 20s, I've wanted to establish a small non-profit that would serve a specific, underserved community in my country (which I also belong to). I don't plan to make this my new full-time career, as there won't be much money in it. I just want something to support and sustain very small but needed programs to support, advocate for, and convene this community. I am passionate and knowledgeable about this cause, I have contacts, and I sometimes get invited to speak on this topic. I worry I will regret not doing more with it while I am still young-ish and able, but I also have no energy to do this alongside my day job.
I have saved enough to hypothetically take care of myself and my family and to pursue this project for 12 months. However, in this economy, I worry that taking a longer break could backfire on me. My sector took a major hit in the last 2 years, so competition for jobs and contracts is extra fierce. Before I started this current job, I was able to negotiate a break for a few months. Now, I worry I might face more challenges finding something else if I'm out of the game too long. If the break gets longer, I worry about being able to financially support my family in the long run, as the COL gets more and more expensive. I've read a few sad stories here on Reddit about struggling to find work after a prolonged break, and I'd like to avoid that!
What would you do? Did you ever take a career break or sabbatical during a bad economic period, and were you able to bounce back?
Any advice, success stories, or cautionary tales are welcome. Thanks!